Vietnam firms attend sixth India International Silk Fair

New Delhi (VNA) – More than 20 Vietnamese enterprises are
showcasing their products at the sixth India International Silk Fair, which
opened in New Delhi on October 16.

The three-day event allows Vietnamese firms
in the garment and textile and interior decoration sectors to seek partners,
expand markets and learn about new technology and techniques.

It gathers 120 leading Indian silk producers
and 250 foreign businesses from across the world.

Along with showcasing silk and silk blended
garments, fabrics, accessories and carpets, the fair is also expected to feature
business meetings, a fashion show and workshops.

The organising board expects to welcome about
10,000 visitors during the event.

India is the second largest producer of silk
after China and is emerging as a leading exporter.

Statistics of the Vietnam Customs show that
in the first eight months of 2018, two-way trade between Vietnam and India in
the garment and textile, cotton, and fabric fields reached 799 million USD, up
35 percent year-on-year. Of the total, Vietnam’s imports of Indian cotton were
valued at 343.8 million USD, up 46 percent year-on-year, and the country’s
exports of garment and textile products and fabric hit 203 millin USD, up 20
percent against the same period last year.-VNA